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and republican george allen, hosted by the fairfax county chamber of commerce. i am a moderator of today's event. i want to cover the rules of today's event. it will last one hour and will begin with opening statements, and then the panelists and i will pose questions. those questions are determined by the panelists, by us. they have not been reviewed by the fairfax chamber. each candidate will have one minute, 30 seconds to respond, and there will be an additional one-minute rebuttal. i reserve the right to be able to follow up with some questions as i see fit as the moderator. we will end with a two-minute closing statement from each candidate. there is a clock in front of each candidate noting the time. we have the northern virginia no bureau chief -- the northern virginia wrote -- northern virginia bureau chief with us, and there is a man who joined "the washington post" after being with another organization. and a man that attended virginia commonwealth university is with us. let's begin by hearing the candidates and their opening statements. the order was determined by a coin toss earlier
20,000 percent since the market's bottom. as it ramps up its ecommerce biz and housing continues to rebound, can its stock continue to new heights? cramer's exclusive with the company's ceo is just ahead. >>> and later, spec that protects? hackers are causing jitters as the cyberthreat looms. tonight, cramer's trying to lock down profits with a brand-new spec that could surge by protecting your portfolio and keeping your files secure. all coming up on "mad money." >> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send an e-mail to madmoney.cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. ♪ [ male announcer ] introducing a stunning work of technology. introducing the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. >>> just because a stock has already had an enormous run doesn't mean you missed the whole move. when we're talking about a company with an honest to goodness turnaround story, then that stock can rally longer and harder than you
's bottom. as it ramps up its ecommerce biz and housing continues to rebound, can its stock continue to new heights? cramer's exclusive with the company's ceo is just ahead. >>> and later, spec that protects? hackers are causing jitters as the cyberthreat looms. tonight, cramer's trying to lock down profits with a brand-new spec that could surge by protecting your portfolio and keeping your files secure. all coming up on "mad money." try this... a migraine now. bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. [ male announcer ] introducing a reason to look twice. the entirely new lexus es and the first-ever es hybrid. this is the pursuit of perfection. try the #1 gastroenterologist recommended probiotic. align. align naturally helps maintain digestive balance. ♪ ooh, baby, can i do for you today? ♪ try align today. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate? dude what? no, no,
, home sweet home. pier 1 has soared over 20,000 percent since the market's bottom. as it ramps up its ecommerce biz and housing continues to rebound, can its stock continue to new heights? cramer's exclusive with the company's ceo is just ahead. >>> and later, spec that protects? hackers are causing jitters as the cyberthreat looms. tonight, cramer's trying to lock down profits with a brand-new spec that could surge by protecting your portfolio and keeping your files secure. all coming up on "mad money." [ male announcer ] this is rudy. his morning starts with arthritis pain. and two pills. afternoon's overhaul starts with more pain. more pills. triple checking hydraulics. the evening brings more pain. so, back to more pills. almost done, when... hang on. stan's doctor recommended aleve. it can keep pain away all day with fewer pills than tylenol. this is rudy. who switched to aleve. and two pills for a day free of pain. ♪ and get the all day pain relief of aleve in liquid gels. with their $5 footlong™ faves. many of the subs you love like the turkey breast, italian b.m.t® and more are $5
. especially we want stocks since allergan sales have been stable despite the weakness in global commerce. i think he laid out the story that would take the stock to $100 maybe it is headed there. second we get another one that we have been liking. gill ead. and we know that ubs believes the numbers here are too low. i think they are telling a compelling story about hepc. it might not be done yet. when you get these with the right stuff. you get the parabolic move. cell gene has a great pipeline. the news is good and i think it will be. i think they can make a run at new highs. because the ceo, in bob we trust. you have to be careful not to get swept up. that is true when we are talking about biotech names that can be too risky. presenting at 1:30 p.m. on wednesday. the stock up 100% today. that means no matter how good this one sounds, we never chase on "mad money." the same goes for the former up 95% for you. who says you can't make money in the stock market. these stocks are too hot to handle. they are going to get singed if not burned. does that mean we can't have anything that we don't
. >> reporter: d.c.'s chamber of commerce said the cub's arrival will bring a boost to the entire district, but the zoo will be the first to see the biggest numbers. >> we expect visitation will go up by about half a million people. a quarter million to half million more people will come. >> the hoteliers and restaurantiers have caught on to the excitement. >> reporter: the chamber said it's hard to determine how much money the new panda will bring to the area. but they are certainly expecting some kind of economic impact. here at the zoo, they're already calling the cub a rock star, just like its older brother was a few years ago. it will be another four to six weeks before they determine its gender, and they say following a chinese tradition, they will wait 100 days before they decide on a name. they will take the public's input. reporting live at the national zoo, richard jordan, news4. >>> coming up, more rage in the middle east over an internet movie. but in afghanistan, this protest is not what american officials are worried about. >>> a day at the lake turned into a race to save the
to the u.s. hispanic chamber of commerce here in l.a. both the president and the romney campaign have plans to shift their focus to the economy this week. romney's planned speech the u.s. hispanic chamber of commerce will talk about balancing the budget by eliminating nonessential federal programs and to cut down on federal employment through consolidation. he's promising to fix the imgreat lakes -- the immigration system with an emphasis on border control. >> trade has to work for america. that means crack down on cheaters like china and open up new markets. next, we have to balance the budget. cut the deficit. got to stop spending more money than we take in. >> speaking of china, the white house is asking the world trade organization today to stop china from putting unfair taxes on u.s.-made vehicles and in a second separate request stop china from financially undermining u.s. auto part exports. today is the one-year anniversary of the occupy wall street movement. protestors have already started to gather in the
a rapid increase in commerce. worldwide. we need a stock that's global in reach. one that can capitalize off more business activity. we need a stock where the bad news is known but the good news isn't factored in yet. hey, we need fedex. in other words you don't want to sell this stock if you think the good central bank news is coming. you will sell a stock barely up for the year that's leveraged to play a return to robust global growth. you would sell it at a discount to where it would be if the ecb says anything good at all. second, as much as i did think it was big news it wasn't like the preannouncement was a true shocker to those who followed the group closely. six weeks ago, united parcel, a little pin action here. they trade together. told us pretty much exactly what fedex said. plenty of people must have expected the news and didn't regard it as news. just confirmation of what u.p.s. told us in july. the companies aren't that different in terms of reach or profit margin. not like the stocks levered to better economic news. they have been on fire lately. suddenly they were hit by
gravitas behind it. and there's hope the worldwide commerce will pick up. that's how federal expressi can levitate to where it was. taking en masse, and those are en masse hope stocks, these groups are but a small percentage of the entire u.s. stock market that's rally. that's what matters to me. this is what brings me to the real takeaway. i think this rally is not about hope. i think it's about cold, hard facts and believe it or not the facts for many sectors are really pretty darn good. so let's get to those. first, this is a rally about cds, certificates of deposit. the returns you're getting on these are reminiscent of what a checking account used to offer you versus a savings account in the old days the disparity was so great that you would do anything to keep money out of your checking account. now many people are willing to accept these ridiculous rates for their savings accounts. plus people own bond funds that could get hammered if rates eventually go up. how can they do this in good conscience? but some folks aren't. some folks really get it. some are buying dividend paying sto
breath away. out's not a random commerce department figure. some boring purchasing manager's report. some consumer confidence number. it's a big enchilada. the nonfarm payroll report. out's got guac and picante. it's the most important number yet. the one with maximum negative um pact on the stock market when it's been a wee bit disapointing as opposed to missing by a country mile like today. you have the biggest semiconductor company on earth intel preannouncing a tremendous miss many sales, meaningful decline in gross margins. intel used to be important. let's look at growth wars in tablet and smartphone. the best acting stocks, google, amazon, apple, three-way free-for-all that will lead to shrinking margins, right? put the negatives together and how much should we have been down today considering the rally coming into the session? of course we have to give up yesterday's gains. let's lop off 2% from the s&p. take the nasdaq down by three. isn't it even that way too positive? given that what moved us this week involved actions taken over there in europe, not here in the usa. europe can
some random commerce department figure, some boring purchasing manager's report. some consumer confidence number. this is a big enchilada! the labor department's nonforeign payroll report. no, it's an enchilada with guac and picante. when it's even been a wee bit disappointing as opposed to missing by a country mile which is what happened today. on top of that, we got the biggest semiconductor on earth, intel. holy cow. remember intel? they used to be really important, right? let's slide in two price wars in technology, tablet and smartphone. the best acting stocks, google, amazon, apple, all at war with each other. three-way free-for-all which will lead to shrinking gross marg margins, right? put all these negatives together and how much should we be down today considering the gigantic rally we had coming into the session? we had to give up yesterday's gains, right? hey, take the tech-heavy nasdaq down by three. but isn't it even -- isn't even that way too positive? given what moved us this week involved actions taken over there in europe, not here in the good old usa. europe
the weakness in global commerce. i thought that when david pyatt was here a couple weeks ago i thought he laid out a story that should take down $100. second, tomorrow at 11 am we get another one we've been really liking, gilead. this is the biotech we recommended last week as the company winning the race to cure hepatitis see. it has gotten away since i told you to buy it. we know that ubs belief the numbers are too low. i think gilead tells an incredibly compelling story now that bristol-myers has dropped out of the race. stock has run more than 10%. they might not be done yet simply because when you get these biotechs with the right stuff you get a parabolic move. there is cramer fave celgene which we'll here from tomorrow. they have a terrific portfolio of anticancer drugs including its main product for multiple myeloma. this stock has been on a real tear lately and we want to hear more about their pipeline as well as how close they are to getting approved for new indications. if the news is good and i think it will be they can make a run at new highs. remember when everyone gave up at $60
or a store or some sort of commerce. >> they talk about first strike advantage. we were discussing online today google trucks who go through the streets and take pictures of street views. there was one in our neighborhood the other day. google has had a lot of time to not only refine their images, but their algorithms, right? so you can put in -- snet of for monte brothers, you put in bros and it's going to find it for you, jim. >> i love the way my house in summit looks on google. >> is it bigger? >> truly, you might say it's bigger. remember that? >> yes. how can i forget? >> the place i have in mexico, it has three angles, i found in my irish public book they directed me to some of the best publics and i was never lost once. that's my kind of device. >> it is. now you're going to get to the eiffel tower. >> in ireland. >> it's going work out well for you. >> it's a lingering question, though. there's no question that the demand for the iphone 5 is strong. there's a question about whether people will be satisfied because of the lcd sources, sharp was one of the three suppliers of the lc
chinese economy. the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the europe, the slowdown of china and the perma low growth, the united states. some income producers, growth names and stocks with solid dividend boosts and, of course, some gold. these have been the correct calls to make. i've stuck with this market because i believe europeans are not suicidal. so far so good on that front. at least of late. i believe chinese economy will simply come back by virtue of the fact there's a tremendous urban migration within china. i believe the federal reserve's stance, brought about you by ben bernanke, will serve as a bridge over fiscal cliff and not take us down. the federal stance will take higher paying dividend companies into g
angeles where romney spoke to the u.s. hispanic chamber of commerce. jim, today it looks like romney is reaching out to latino voters. >> reporter: that's right, joe. he's doing just that. but he's also according to his campaign unveiling some of the details of his economic plan. just as voters are starting to pay attention to this election. but there are new distractions out there. namely a campaign blame game that does not go over well 50 days before an election. after a week of gop handwringing over his response to violence in the middle east, mitt romney is rebooting his message, returning to the issue that has driven his campaign from the beginning. the economy. >> it's time for a president who's committed to cutting spending and balancing the budget. and i know how to do that. we balanced the bajt budget in my company and in the olympics. >> reporter: in a speech to the hispanic chamber of commerce, he offered remedies to the deficit he rarely talks about. the retooled approach is backed up with plain language in new ads. >> got to balance the budget. you've got to cut the defi
, because fed ex is the quintessential way to play anything good about global commerce. and it's a given that the company can handle these kinds of downturns and will adjust as it waits for the turn. it didn't take long. fed ex is now trading up more than a buck from where it was before preannounced downside. that's the kind of thing that happens when you own and buy on weakness the best of breed. how about celgene? last june they had to withdraw a drug application from europe. they dumped the stock, taking it down to $59 from the high 60s and 70s before that. to me, i told you, i came in here and said it was ludicrous. you had to give bob hugin, the ceo and his team the benefit of the doubt. over and over and over again since we started the show, hugin has come on and told you not to worry in these dips. it's business as usual at celgene. three months have passed. the stock has zoomed from $59 to $73. it is amazing to me how people give up on the best of breed companies whenever they have a glitch. we're watching that same thing happen right now with allergan, maker of botox and other m
is frequently the problem. government gets in the way of commerce, government gets in the way of investment, government gets in the way of success and the rate of return. he's a man of government. i didn't see anything different today. he's still a man of government and republicans who oppose that, they're going to hurt the poor, the elderly, the disabled, and they're going to have dirty air. i just don't agree with him, i'm sorry, i'm not in his camp. >> you know, john harwood, it seemed like the only big applause lines that he had this evening were when he said, surplus, try a tax cut, deficit too high, try another, feel a cold coming on, take two tax cuts, roll back regulation and call me in the morning in reference to the republicans. it didn't seem like a speech that well received by the audience. >> no, that's not the case, brian. it was extremely well received here in the hall. and i can imagine it will be extremely well received by the people that president obama was trying to reach in this election. he was fighting against two different deficits. one was an enthusiasm deficit, a di
of chinese commerce. after weeks of going straight dow, the key shipping index has reverted sharply to the upside. the iron ore stocks are roaring too. now, look, i got enormous respect for the bears on china, led by tomorrow's "squawk box" sques jim chanos. he is one of the brightest i've ever met. i have no chinese stocks. have i from time to time, but no chinese stocks i think you should buy. i also think the chinese interest rates are way too high. the stimulus is too small to matter. all that said, the possibility that china isn't falling off a cliff could be good news for the world economy. if china stops decelerating, it would be a pleasant global surprise. you know i think the united states is the best place to invest in the world. i worry about europe's recession, japan's secular decline, india's inflation, and yes, china's deceleration. not to mention our own looming financial clift. well could conceively go to new highs. i think the u.s. issue is the most likely to be solved because it's about political will. but the green shoots out of china, they tell me stop being as n
, a slowing chinese economy. the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the great recession. and what's happened? the stock market never quit. never stopped climbing, it has a remarkable run with almost every sector leading the charge at one time or another, the great rotation. and before i go into the by remistations for the evening. i told you not to waver, to stay the course, the slowdown against china, and the growth that is the united states. the diverse portfolio of high-quality stocks, income producers, and growth stocks with solid dividend boosts. and of course, some gold. these have all been the correct calls to make. i've stuck with it because i believe the europeans are not suicidal. so far, so good on that front. i believe the chinese economy will simply come back by the virtue of the fact there is still tremendous urban migration within china. i believe the accommodative stance will serve as a bridge over a troubled fiscal cliff and will not take us down. at the same time, the fed's stance will continu
the stock sell around, bump around, it does always does with apple. when they talk about e-commerce amounts, other features besides just the look of the phone will make a big difference and how you actually use the phone in the real world. >> wow, tough crowd. as we get more news on that we will bring it to you live from brian. >>> there seems to be a major disconnect meanwhile between what wall street wants this election in november and what they think they're going to get. senior economic reporters steve leisman is here with the results of cnbc's exclusive fed survey. >> simon, i was very surprised by these results. we threw this question in to gauge wall street's sentiment, figure out what they were preparing for when it came to the november election. we asked two questions -- who do you think will win the election? that was 46%-24%, that's about 2-1. then who do you want to win? 53%-18%. call that 5-2. pretty big percentage saying they don't know right now or are unsure. are americans better off than they were four years ago? only 40% of our 58% of respondents said yes. 49% saying no. w
-point economic plan to hispanic business owners at the u.s. hispanic chamber of commerce convention in los angeles. this is just over 20 minutes. [applause] ♪ >> thank you. thank you. thank you so much hector for that warm introduction and for all your help and support and congratulations to christine as well. thank you, good to be home. i have got a son here somewhere. there he is, and a grandson too. my son and grandson, hi guys. [applause] it's an honor to be your guest and to speak to you as we begin national hispanic heritage month. i'm also pleased to represent the party of governor susanna martinez, governor brian sandoval, governor governor luis fortuno, senator marco rubio and the texas republican candidate for u.s. senate, ted cruz. [applause] these leaders are republicans for the same reasons as millions of other hispanics, they see that ours is the party of opportunity, the party that will restore america's prosperity. at our convention a few weeks ago governor martinez described in experience and some of you may find it familiar. at the beginning of her political career she
think about the e-commerce experience right now? it doesn't seem like you're spending a lot of must be on advertising online right now on that issue. >> we spend about 0.0000, which having the phenomenal 90% growth that we have on e-commerce, i think speaks for itself and it's driven by product. it's driven by a relationship in the stores and the guests really seeking us out, and so it's all organic growth. >> is that something that changes over time? >> i think you never say never. i think what we always look for is a real true authentic connection with the guests and that we've really earned it rather than that we've bought it, and that's been our philosophy all along, and the guest have resonated with that because they're always in choice about choosing our product and our job is to keep it the best product ever and be in an authentic relationship with the guests and we've built the brand on that and continue to see that as our strength. >> christine, thank you very much for joining us today. pleasure talking to you. >> pleasure, thank you. >> thank you. >> they make boxers? >> y
law, a death nail for state businesses, that according to the california chamber of commerce urging governor jerry brown to halt the start of the new cap-and-trade program on november 14th, a billion dollars from businesses will be levied # according to the california air resources board. october 1st, if you stop in a san fransisco grocery store, be prepared for byob, bring your own bag. in an attempt to bring the environment together, you bring your own bag, or you're charged 10 cents. the cost of treating the scorpion bite in arizona is cheaper. hospitals lowers costs up to 80% for the anti-venom treatment after a woman was charged $83,000 for one doze. it's produced in mexico, sells for $100 a dose there, but $83,000 in arizona. that is your west coast minute. dennis? >> thank you, cheryl. there's a chill in the air, and i'm not talking about the first day of fall, tomorrow, but it's the upcoming third quarter earnings season that could give wall street a shiver. cheryl: moms bombarded for ads by diapers, formula, and toys, but now there's an adult friendly product on the demogra
for the company? is this the reaping for all of the things they have sown over the past few years? >> e-commerce is only 20% and amazon is forward position for that. i think it is early as far as retailers are concerned and i think the heavy investments over the past two, three years, you're starting to reap the benefits of that. you're seeing that in the financial results more so in the top line but i think you will see that in the back half of 2013 when you start to see margin expansion. >> are your target is 400. >> it is 400. >> and, aaron, do you feel the same way? >> we have a market perform right now. we do like the fundamental outlook for amazon although it is currently 70 times or 2013 earnings and we think it is pricey a lot of the positives at these levels so we would wait for a lower entry point. >> valuation a concern at all. >> right now the stock is trading 26 times cash multiple and grows loes to 40% so trading at diskupter free cash flow growth so not a concern for me. i think amazon is in the position as i said in terms of e-commerce. you have seen it being transformational and
of commerce. john harwood has the latest from the campaign trail. that's after the break. [ male announcer ] for the dreamers... and those well grounded. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses like yours accelerate receivables, manage payments, and help ensure access to credit. because we know how important cash flow is to reaching your goals. pnc bank. for the achiever in you. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. here on cnbc. i'm joe kernen along with andrew ross sorkin. becky is off today on this monday in the year 5771. >> 5773. >> 73? >> i believe 5773. am i wrong? >> i thought you just told me 5771. all right. making -- making headlines -- >> 5773. >> okay. i'm two years behind. anyway, presiden
is this. >> our customers are in several vert kls like social gaming, e-commerce, financial services and travel. i can only speak to the verticals in which we've participated. but we're seeing great success. especially in e-commerce with companies like fab.com. we're competing against google head to head with facebook and we're performing. and our ad spend, which is our fees, becomes ultimately our revenue is based entirely on that performance. you see our ad spend go down if we're not performing. >> when gm comes out and says it wasn't working for them, execution on their part? how does that disconnect s? >> you need to have the right creative. message, format of the ad. you need to have the right targeting. and you need optimization. facebook gives you so many ways to target. you could have thousands and thousands of combinations of creative and targeting. how do you know which one to bid up, bid down. you need software like ours. it's execution. >> gm, we knew in-house their advertising process was a little troubled. but you think they might have been blaming the wrong person? >>
saying is fedex is really bad, and fedex being a met for for worldwide commerce. >> right. to carl's point it seems it is a metaphor of worldwide commerce which is a reflection of growth and it doesn't seem to be telling us anything particularly good. >> an analogue, a met a more, or a s asimply. >> let's do it all. >> we certainly see it in terms of the impact on ups as well. at the same time, jim, could this, in fact, be the buying opportunity on this time on the pullback ahead of the fourth quarter which is traditionally strong? i mean that is the cycle. if you believe consumers are going to be okay and they're going to buy and ship things to other family members around the world, maybe this your opportunity to get in on the stock on the pullback. >> those who did that last time made money. it went from 85, bounces to 90. i wouldn't be surprised if by tomorrow people say, you know what? this is my play. now the expectations are lowered. the expectations are so low this is no longer factoring in the apple iphone 5. >> so let me factor in another layer of questioning. that is fede
-- in the world of trade and commerce. they have to understand it cannot take away jobs on an unfair basis. >> he and the seven countries -- companies that operated here and went to china. pioneers. you cannot stand up to china when all you have done is sent them our jobs. >> watch and engage was seized and as the campaign -- with c- span as the campaign's move toward the elections. the first debate will take place on wednesday, october 3. audience members will get their chance to ask questions in a town hall debate on tuesday, october 16. the final debate on foreign policy will take place november 2. follow our coverage on c-span, c-span radio, and online at c- span.org. >> i think there are a lot of anti-obama books out there. there are a number of books critical and defending the president. i do not want to be either one of those books. i want to describe an answer what i thought was the most important and interesting questions. look at barack obama, -- barack obama as a character. he is a fish out of water. he has very little executive experience. his entire life is that the law professor's
litigate risks that establishes measures to promote the safe movement of people and commerce and protecting civil rights and civil liberties. with this in mind, we are also delivered an efforts to provide travelers an opportunity to be heard. the inquiry program is a single point of contact for individuals, who have increased the experiences during travel. today, in response to 9/11, we have significantly adapted and enhance our ability to detect travel threats at the earliest opportunity. we do not work alone in this mission. terror screening is a multiagency and collaborative effort. more work remains to be done. i can assure you that the men and women of the department of homeland security never forget. our goal is to keep the country safe. for us it is not a job. it is a mission. thank you for this opportunity to update the committee on the progress we have made in recent years and thank you for holding this hearing. i have submitted written testimony and requested us to be made part of the record. >> thank you very much. the chair now recognizes mr. kevin mcaleenan. >> yes, that is ve
by the fed, it's not commerce, it's not fiscal, is it keynesianism thinking that we can just do this and solve everything by throwing money at it or is it not? >> that is very interesting. i've never thought of it in terms of keynesianism versus nonkeynesianism. trichet calls them nonstandard measures. in the world of central banking, when you don't have -- when you have a fiat currency, this is considered to be class ib centrclass being central banking. it is the core discussion of our time in terms of the economic staft the world. >> the people that hate keynesian inch haism hate this,e might be something to it. the austrian school, those guys are -- the ones that are alive are rolling the eyes and the ones dead are rolling in their grave, i think. >> i would say this, that most of the people who hate keynesianism would also like to see tax cuts and ultimately those two things are about -- are similar in that they're just trying to inject more money into the economy. does the government spend the money or do you cut taxes and give it more to people for them to spend the money.
Search Results 0 to 49 of about 63 (some duplicates have been removed)